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Question 1) Vanguards Information Technology Fund (VITAX) outperformed Vanguards S&P 500 Index fund during the period 20142018, although it had a higher operating expense ratio.

Question 1) Vanguards Information Technology Fund (VITAX) outperformed Vanguards S&P 500 Index fund during the period 20142018, although it had a higher operating expense ratio. What is the reason for this outperformance?

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